Loading chat...

AL SB450

Bill

Status

Passed

6/9/2011

Primary Sponsor

Arthur Orr

Click for details

Origin

Senate

Regular Session 2011

AI Summary

SB450 Summary

  • Repeals Title 41, Chapter 15A, Article 2 of the Code of Alabama, 1975, known as the "John L. Buskey Trust Fund Matching Act of 1993"

  • Eliminates the requirement for the State of Alabama to provide a one-to-one match to the Penny Trust Fund for monies deposited into the fund during each fiscal year

  • Becomes effective September 30, 2011

  • Passed by the Senate on May 25, 2011 and the House of Representatives on June 9, 2011

Legislative Description

John L. Buskey Trust Fund Matching Act of 1993, providing for transfer of matching funds from Education Trust Fund and General Fund to the Penny Trust Fund for health care, repealed, Secs. 41-15A-10, 41-15A-11, 41-15A-12 repealed

Penny Trust Fund

Last Action

Delivered to Governor at 11:45 on June 9, 2011

6/9/2011

Committee Referrals

Ways and Means General Fund5/25/2011
Finance and Taxation General Fund4/26/2011

Full Bill Text

No bill text available